Installer failure during installation of Internet Explorer 7

After having manually applied the "fix" described in this comment in CORE-8684 (for the "Check/Free" and the "newer IE version found" errors), the IE7 installation fails for an obscure reason. I attach a debug log.

Download link:

• French version (the one I tested): https://web.archive.org/web/20190815021337/https://download.microsoft.com/download/d/9/b/d9bf3563-354b-488d-ae16-b124b87bd9d2/IE7-WindowsServer2003-x86-fra.exe
• En/US version: https://web.archive.org/web/20190429231025/https://download.microsoft.com/download/d/1/3/d1346f12-f3a0-4ac6-8f5c-2bea2a184957/IE7-WindowsServer2003-x86-enu.exe

See also https://appdb.winehq.org/objectManager.php?sClass=version&iId=4195